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538 Akron Dr
Winston-Salem, NC 27105
Wendy's · Retail Property For Sale
Investment Highlights
- Strong Franchisee Guarantee
- Close - Proximity to Smith Reynolds Airport
- Close - Proximity to Wake Forest University
Executive Summary
Surmount is pleased to present the exclusive listing for a located at 538 Akron Drive, Winston-Salem, NC 27105. The site consists of roughly 2,854 rentable square feet of building space on an estimated .69-acre parcel of land. is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $112,000 and has scheduled increases of Lesser of Change in CPI or 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,854 SF
Building Class
B
Year Built
1988
Price
$2,662,288 CAD
Price Per SF
$932.83 CAD
Cap Rate
5.75%
NOI
$153,082 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.69 AC
Zoning
HB HIGHWAY
Frontage
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 6837-41-5765 | Improvements Assessment | $572,006 CAD |
| Land Assessment | $214,178 CAD | Total Assessment | $786,183 CAD |
Property Taxes
Parcel Number
6837-41-5765
Land Assessment
$214,178 CAD
Improvements Assessment
$572,006 CAD
Total Assessment
$786,183 CAD
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